Global Heart Valve Repair and Replacement Market to 2032

Overview

The Global Heart Valve Repair and Replacement Market is expected to reach a 13.44 USD Billion by 2032 and is projected to grow at a CAGR of 15.96% from 2025 to 2032.

Revenue, 2024 (USD Billion)
5.49
Forecast, 2032 (USD Billion)
13.44
CAGR, 2024 - 2032
15.96%
Report Coverage
Global

Global Heart Valve Repair and Replacement Market 2018-2032 USD Billion

Global Heart Valve Repair and Replacement Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 5.49 USD Billion
  • Projected Market Size (2032): 13.44 USD Billion
  • CAGR (2025-2032): 15.96%

Key Findings of Global Heart Valve Repair and Replacement Market

  • The Global Heart Valve Repair and Replacement Market was valued at 13.44 USD Billion in 2024.
  • The Global Heart Valve Repair and Replacement Market is likely to grow at a CAGR of 15.96% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Surgical Procedure in Procedure Segment accounted for the largest share of the market with a revenue of 5.36 USD Billion
  • The fastest growing segment TAVI / TAVR Valve in Product Segment grew Fastest with a CAGR of 16.34% during the forecast period from 2024 to 2032.

Global Heart Valve Repair and Replacement Market Scope

Global Heart Valve Repair and Replacement Market Segmentation & Scope
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Product
  • Medication
  • Patches
  • Others
  • Grafts
  • TAVI / TAVR Valve
  • Surgical Heart Valve Repair
  • Surgical Heart Valve Replacement
Indication
  • Others
  • Mitral Valve Prolapse
  • Valvular Insufficiency
  • Valvular Stenosis
End User
  • Others
  • Cardiac Catheterization Lab
  • Specialty Centers
  • Ambulatory Surgical Centers
  • Hospital
Procedure
  • Non-Surgical Procedure
  • Surgical Procedure

Global Heart Valve Repair and Replacement Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 5.49 USD Billion
Market Value in 2032 13.44 USD Billion
CAGR (2025-2032) 15.96%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,Product,Indication,End User,Procedure

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 5.49 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 1,492.55 USD Million in 2024.

Segments and Scope

  • Global Heart Valve Repair and Replacement Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Global Heart Valve Repair and Replacement Market to 2032 with a revenue of 4.64 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in Global Heart Valve Repair and Replacement Market to 2032 with a Growth rate of 16.06 % in forecast period 2025-2032.
  • Global Heart Valve Repair and Replacement Market to 2032, By Product
    • Surgical Heart Valve Replacement is the largest segment in Global Heart Valve Repair and Replacement Market to 2032 with a revenue of 2.67 USD Billion in the year 2024.
    • TAVI / TAVR Valve is the Fastest growing segment in Global Heart Valve Repair and Replacement Market to 2032 with a Growth rate of 16.17 % in forecast period 2025-2032.
  • Global Heart Valve Repair and Replacement Market to 2032, By Indication
    • Valvular Stenosis is the largest segment in Global Heart Valve Repair and Replacement Market to 2032 with a revenue of 2.81 USD Billion in the year 2024.
    • Valvular Stenosis is the Fastest growing segment in Global Heart Valve Repair and Replacement Market to 2032 with a Growth rate of 16.33 % in forecast period 2025-2032.
  • Global Heart Valve Repair and Replacement Market to 2032, By End User
    • Hospital is the largest segment in Global Heart Valve Repair and Replacement Market to 2032 with a revenue of 3.37 USD Billion in the year 2024.
    • Hospital is the Fastest growing segment in Global Heart Valve Repair and Replacement Market to 2032 with a Growth rate of 16.24 % in forecast period 2025-2032.
  • Global Heart Valve Repair and Replacement Market to 2032, By Procedure
    • Surgical Procedure is the largest segment in Global Heart Valve Repair and Replacement Market to 2032 with a revenue of 5.36 USD Billion in the year 2024.
    • Surgical Procedure is the Fastest growing segment in Global Heart Valve Repair and Replacement Market to 2032 with a Growth rate of 15.98 % in forecast period 2025-2032.

Global Heart Valve Repair and Replacement Market Company Share Analysis

 
Company Name Company Share Analysis
Medtronic
BIOTRONIK SE & Co. KG
Abbott
Edwards Lifesciences Corporation
Meril Life Sciences Pvt. Ltd.
Global Heart Valve Repair and Replacement Market Company Share Analysis

Global Heart Valve Repair and Replacement Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Heart Valve Repair and Replacement Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Heart Valve Repair and Replacement Market Company Profiling

Global Heart Valve Repair and Replacement Market Company Profiling
Frequently Asked Questions
The Global Heart Valve Repair and Replacement Market is segmented based on Segmentation Distribution Channel,Product,Indication,End User,Procedure.
Global Heart Valve Repair and Replacement Market was valued at USD 5.49(Revenue in USD Billion) in 2020.
Global Heart Valve Repair and Replacement Market is projected to grow at a CAGR of 15.96% during the forecast period of 2024 to 2032.
The Surgical Procedure segment is expected to dominate the Global Heart Valve Repair and Replacement Market, holding a largest market share of 5.36 USD Billion in 2024

Global Heart Valve Repair and Replacement Market Scope

Global Heart Valve Repair and Replacement Market Segmentation & Scope
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Product
  • Medication
  • Patches
  • Others
  • Grafts
  • TAVI / TAVR Valve
  • Surgical Heart Valve Repair
  • Surgical Heart Valve Replacement
Indication
  • Others
  • Mitral Valve Prolapse
  • Valvular Insufficiency
  • Valvular Stenosis
End User
  • Others
  • Cardiac Catheterization Lab
  • Specialty Centers
  • Ambulatory Surgical Centers
  • Hospital
Procedure
  • Non-Surgical Procedure
  • Surgical Procedure
Frequently Asked Questions
The Global Heart Valve Repair and Replacement Market is segmented based on Segmentation Distribution Channel,Product,Indication,End User,Procedure.
Global Heart Valve Repair and Replacement Market was valued at USD 5.49(Revenue in USD Billion) in 2020.
Global Heart Valve Repair and Replacement Market is projected to grow at a CAGR of 15.96% during the forecast period of 2024 to 2032.
The estimated market value of the Global Heart Valve Repair and Replacement Market for final year is USD 13.44 (USD Billion).

Global Heart Valve Repair and Replacement Market Company Profiling

Global Heart Valve Repair and Replacement Market Company Profiling
Frequently Asked Questions
The Global Heart Valve Repair and Replacement Market is segmented based on Segmentation Distribution Channel,Product,Indication,End User,Procedure.
Global Heart Valve Repair and Replacement Market was valued at USD 5.49(Revenue in USD Billion) in 2020.
Global Heart Valve Repair and Replacement Market is projected to grow at a CAGR of 15.96% during the forecast period of 2024 to 2032.
The estimated market value of the Global Heart Valve Repair and Replacement Market for final year is USD 13.44 (USD Billion).

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